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* - Tentative Dates
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Investment in NOPL Pace Green Energy Private Limited | 58.50 |
| 2 | General Corporate Purposes | 1.17 |
| 3 | To meet Issue Expenses. | 0.50 |
| Total | 60.17 |
| Period Ended | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Total Income | 87.15 | 29.81 | 0.02 |
| Profit After Tax | 14.32 | 1.45 | 0.21 |
| NET Worth | 19.94 | 5.42 | 3.96 |
| Reserves and Surplus | 17.96 | 3.44 | 1.98 |
| Total Borrowing | 0.00 | 0.00 | |
| Amount in ₹ Crore | |||
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees of the Bankers to the Issue, Registrar to the Issue, Legal Advisor, Auditor’s fees, including out of pocket expenses etc. | 0.05 |
| 2 | Expenses relating to advertising, printing, distribution, marketing and stationery expenses. | 0.13 |
| 3 | Regulatory fees, filing fees, listing fees and other miscellaneous expenses | 0.32 |
| Total | 0.50 |
Onix Solar Energy Limited is engaged in the renewable energy business with a focus on solar cell manufacturing, solar module production, and solar power project development. The company manufactures high-efficiency solar cells and photovoltaic (PV) modules for commercial, industrial, and utility-scale applications.
The company also operates as an Independent Power Producer (IPP), developing and operating solar power projects under government-supported renewable energy schemes. Its revenue is generated through the sale of solar modules and cells, execution of solar projects, and electricity generation from its solar assets.
